Judge to rule in favour of replacing trustees in Jho Low family case

Thu, 19 Jan 2017

By Sophie Boot Jan. 20 (BusinessDesk) - The judge in the High Court hearing involving family members of Malaysian businessman Jho Low has indicated he will rule in favour of the plaintiffs, allowing the family members to have trustees replaced so they can fight attempts by the US Department of Justice to confiscate US$265 million in assets. The relatives - Low Hock Peng, Goh Gaik Ewe, Low May Lin and Low Taek Szen - are beneficiaries of New Zealand trusts which own assets which the US Department of Justice alleges to be proceeds of a mult...

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